Market Data Pioneer Bernie Cantor Dies at 79

SPECIAL REPORT

Bernie Cantor, founder and chairman of Cantor Fitzgerald, the IDB that reinvented the business through its efforts to wring money from its pricing information, died two weeks ago, at 79.

Cantor, who was the subject of a lengthy obituary in the New York Times, was among the first to understand that displaying attributed prices on desktop screens was both an advertisement of brokerage services and a way to earn extra revenue. In fact, Cantor Fitzgerald acquired a majority stake in Telerate in 1972

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